International Business Machines Corporation (IBM) Q3 2018 Earnings Results

IBM Misses on EPS, Stock Up 2.83%

IBM's earnings report shows a slight miss on EPS, but the stock reacted positively, rising 2.83%. This increase may reflect investor confidence in IBM's strategic focus on cloud and AI technologies, despite the earnings miss. The lack of guidance leaves some uncertainty about future performance, but management's comments suggest a commitment to long-term growth.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$3.42	N/A	-0.40%

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed a cautious optimism about future growth opportunities. They emphasized their commitment to innovation despite current challenges.

Management highlighted ongoing investments in cloud and AI technologies.

They acknowledged challenges in certain segments but remain focused on long-term growth.

IBM Misses on EPS, Stock Up 2.83%

Key numbers

Management commentary

International Business Machines Corporation

More earnings this week

IBM Misses on EPS, Stock Up 2.83%

Key numbers

Management commentary